Currently viewing the tag: "Obama"

The Boston Herald reports that consumer protection advocates are pushing back against financial industry advocates who are trying to stifle efforts to create a new government agency that will protect citizens from unfair practices. Democrats are pressing the Obama administration to find a way out of the foreclosure crisis as they moved ahead with plans [...]

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Despite massive public outreach, the Obama Adminstration’s loan-modification programs are failing to reach many homeowners. The New York Times reports: Through many months of wrangling over the fate of the financial system, with hundreds of billions of taxpayer dollars dispensed on bailouts, distressed homeowners have waited for their own rescue amid talk that it was [...]

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